Bitcoin Controlled Supply
Bitcoin are “minted” during the creation of each block at a fixed and diminishing rate. Each block, generated on average every 10 minutes, contains entirely new bitcoin, created from nothing. Every 210,000 blocks, or approximately every four years, the currency issuance rate is decreased by 50%. For the first four years of operation of...
As you all should know, the halving is coming in approximately a week. What does this mean for bitcoin?
Well there will probably be a sell off of bitcoin from miners as to cover the loss of rewards from blocks.
Bitcoin has been following this ascending channel since the crash, potentially dipping through the halving and hitting the 0.382 or bounce off the...
A very shallow observation, but potentially still profitable.
A bull flag appears to be forming on the hourly chart. The breakout could occur either around 6-9PM BST this evening, or if it decides to reside towards the lower range for longer, tomorrow throughout the day. If it loses the flag formation, however, it’s likely to range below the trend line until it...
Price always hits the bottom of the yope at halving. Too many YouTubers were using a trendline inside the channel touching bottom.
youtube bitcoin idiots are useless
